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1
steverbeaver
2017 Sep 9, 7:21am
steverbeaver
2017 Sep 9, 7:21am
Zoning code or no, it is the buyer's responsibility to perform due diligence, which includes a hazard report. I'm sure the banks loaning money were aware of this as well.
2
anonymous
2017 Sep 9, 8:47am
steverbeaver says
Gentle Reader,
Valdosta would work for the starving, wet, and homeless. Brunswick? Not so much. That place is as bad off as any Florida beach location. It'll start to flood at high tide soon enough.
Regards,
Roidy
P.S. I'm watching St. Georges Island. If this Irma storm continues to track east, they're screwed. It's just a sand barrier island with huge, expensive houses on it. With pools no less! Rent a beach house with a pool. I don't get it.
Millions of armed, starving soaking speculators will descend upon Valdosta and Brunswick to eat face and get a jump on speculating soon to be beachfront properties.
Gentle Reader,
Valdosta would work for the starving, wet, and homeless. Brunswick? Not so much. That place is as bad off as any Florida beach location. It'll start to flood at high tide soon enough.
Regards,
Roidy
P.S. I'm watching St. Georges Island. If this Irma storm continues to track east, they're screwed. It's just a sand barrier island with huge, expensive houses on it. With pools no less! Rent a beach house with a pool. I don't get it.
"If property values start to fall, Cason said, banks could stop writing 30-year mortgages for coastal homes, shrinking the pool of able buyers and sending prices lower still. Those properties make up a quarter of the city’s tax base; if that revenue fell, the city would struggle to provide the services that make it such a desirable place to live, causing more sales and another drop in revenue."
And all of that could happen before the rising sea consumes a single home.
https://climatecrocks.com/2017/09/08/florida-is-the-party-over/